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Featured

'One-time opportunity': South Korea bets big on AI boom

Huge demand for the components that power artificial intelligence presents South Korea with an opportunity to bolster its chip industry against rivals such as China, analysts say.

South Korea to invest nearly $1.2 tn in chips, AI data centres

South Korea will invest nearly $1.2 trillion -- equivalent to more than two-thirds of its GDP -- in a new chip-building hub and AI data centres over several years, as it seeks to profit from soaring demand while developing previously neglected regions.

Last news

UK intercepts Russian shadow fleet vessel in Channel

British forces on Sunday intercepted a sanctioned oil tanker belonging to Russia's shadow fleet in a dramatic night-time operation hailed by Kyiv as a blow to Moscow’s war machine.

Indonesian economy comes up for air but struggles to win back investors

Indonesia's economy faces a perfect storm wrought by high energy prices, and while the currency has rebounded slightly, critics warn government policies are unnerving investors at a critical moment.

Trump says US-Iran deal to be signed Sunday, Hormuz to open after

US President Donald Trump said that a deal with Iran to end the war in the Middle East could be signed Sunday, and that the strategic Strait of Hormuz would be "open to all" immediately after.

Between Trump and a hard place: Fed chair Warsh to lead first rate meeting

US Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week caught between a rock and a hard place.

High-school drop out to big time crime boss, Venezuela's 'Nino Guerrero'

The Tren de Aragua leader killed in a US-Venezuelan raid was a high school dropout who lived in comfort behind bars as he transformed a prison gang into one of the most powerful and extensive criminal organizations in Latin America.

US-Iran deal could be finalised soon, mediator Pakistan says

The United States and Iran could finalise an agreement to end the Middle East war within as little as 24 hours, mediator Pakistan said Saturday, after both sides expressed optimism about the chances of concluding a deal.

US says downed multiple Iran drones as both insist deal closer

The United States said it downed multiple Iranian drones targeting commercial ships in the Strait of Hormuz early Saturday, hours after both sides said a deal to end the Middle East war was closer than ever.

US clears Paramount's $111 bn Warner Bros. takeover

The US Justice Department on Friday cleared Paramount Skydance's $111 billion takeover of Warner Bros. Discovery, handing a major win to a media empire financed by one of President Donald Trump's closest billionaire allies.

Iran and US say deal closer than ever

Iranian and US officials said Friday a deal to end the Middle East war was closer than ever, with mediator Pakistan also expressing optimism that an elusive agreement was within reach.

Cuba opens more sectors to private business

Cuban President Miguel Diaz-Canel on Friday announced greater freedoms for small businesses across the country, as the communist government takes steps to liberalize the island's economy in the face of a crippling US blockade.

US appellate court upholds Sam Bankman-Fried criminal sentence

A US appeals court on Friday upheld the conviction of disgraced cryptocurrency tycoon Sam Bankman-Fried as part of a sweeping fraud case.

Musk becomes world's first trillionaire as SpaceX shares jump

Shares in Elon Musk's SpaceX jumped 11 percent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarizing entrepreneur the world's first trillionaire as he vowed to take humanity to Mars.

Wall Street climbs as SpaceX shares launch, oil slides on Mideast deal hopes

Wall Street pushed higher on Friday as SpaceX shares began trading following world's largest initial public offering, while oil prices slid on hopes of an agreement to end the Middle East war.

France bids farewell to girl, 11, whose killing sparked outrage

Several hundred people gathered in southwestern France on Friday to bid farewell to an 11-year-old girl whose suspected murder sparked protests across the country and exposed failures in the country's judicial system.

Wall Street wobbles as SpaceX shares launch, oil slides on Mideast deal hopes

Wall Street opened mixed on Friday, when SpaceX was set to begin trading following world's largest initial public offering, while oil prices slid on hopes of an agreement to end the Middle East war.

US deportation flight carrying Iranians en route to C.African Republic

A US deportation flight headed to the Central African Republic on Friday, lawyers told AFP, carrying nationals from Iran, Afghanistan, Turkey and Georgia.

British artist David Hockney dies aged 88

British artist David Hockney, one of the most influential and defining figures in contemporary art whose paintings captured the world in brilliant colour, has died aged 88, his publicist announced Friday.

At a Libyan university once ravaged by war, students dream again

A decade after fierce battles reduced much of the University of Benghazi to rubble, students at Libya's oldest and largest university are once again looking to the future with optimism.

Stocks rally, oil slides on Mideast deal hopes

Stock markets rallied and oil tumbled Friday on hopes that a deal to end the Middle East war could be imminent.

'All of us of are migrants,' pope says in Canary Islands

Pope Leo XIV told migrants at a reception centre on the Spanish island of Tenerife on Friday that "all of us are migrants", on the final day of a weeklong visit to Spain focused on the plight of irregular immigrants.

Stocks up, oil down on Mideast deal hopes

Asian and European stocks gained and oil dipped Friday after US President Donald Trump withdrew his threat of further strikes on Iran and said a deal could be signed in the coming days.

Switzerland split on immigration vote: four perspectives

Switzerland's vote on proposed measures to restrict immigration to ensure the population does not exceed 10 million is dividing the country.

Science fiction? Musk's lofty SpaceX goals unrealistic, skeptics say

Elon Musk's SpaceX has made awe-inspiring achievements since its founding over two decades ago and has big ideas -- colonies on Mars, orbital AI data centers, rapidly reusable rockets -- for the future.

Asia stocks up, oil down on Mideast deal hopes

Asian stocks gained and oil dipped Friday after US President Donald Trump withdrew his threat of further strikes on Iran and said a deal could be signed in the coming days.

SpaceX IPO set for liftoff in record market debut

Elon Musk's SpaceX was set to begin trading on the Nasdaq exchange Friday with the biggest initial public offering in history expected to make the polarizing entrepreneur the world's first trillionaire.

From cage fights to the White House, UFC marches into mainstream

As workers put final touches to a massive arena for Sunday's "cage fight" on the White House South Lawn, a few miles away, a professional pianist is learning how to choke someone unconscious.

Pope ends Spain visit with migrant meetings

Pope Leo XIV will meet migrants and hold an open-air mass on the island of Tenerife on Friday to end a visit to Spain that has highlighted the plight of irregular arrivals.

Ex-Tottenham owner sells art collection in blockbuster auction

Works by artists including Picasso, Magritte and Klimt, amassed by the ex-owner of Tottenham Hotspur Football Club, head to auction this month with a total sales estimate of £200 million ($267 million).

US stocks rally, oil prices fall as Trump calls off fresh Iran strikes

Wall Street stocks rallied and oil prices tumbled Thursday after President Donald Trump pulled back from renewed US strikes on Iran while European equities edged higher after the ECB raised interest rates.

Stocks rebound, oil wobbles as traders weigh Iran, rates outlook

European and US stocks rose Thursday while oil prices wavered following the latest flare-up in the Middle East war, with investors also assessing the outlook for US and European interest rates as inflation rises.

First leather bag from T-Rex cells to be auctioned in Paris

A leather bag made from Tyrannosaurus rex cells will be auctioned off on Thursday by Paris auction house Giquello, estimating the "one-of-a-kind" piece could sell for more than $500,000.

Nigerians fleeing xenophobic attacks in South Africa return home

A first group of more than 260 Nigerians repatriated from South Africa following escalating anti-immigrant attacks landed in Lagos on Thursday.

Berliner Tageblatt - Economy (English)